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SO Southern dividend history, payout ratio & dates

Southern's latest quarterly dividend of $0.68 per share was on Nov 18, 2022 (ex-date). The annualized dividend distribution of $2.7 per share represents a current dividend yield of 4.1%.

Key dates

  • SO last dividend date: Nov 18, 2022
  • SO next dividend date: Not announced
SO dividend stats
DPS
$2.7
Dividend yield
4.1%
Payout ratio
85.2%
vs. Utilities sector
Dividend yield
3.04%
Payout ratio
65%

Dividend yield

What is Southern current dividend yield

SO has a dividend yield of 4.1% which is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 3.04%, Southern's dividend yield is 35% higher. The current dividend yield is below the historical average of 4.4% of the last 5 years.

Dividend history

What is SO dividend payout history and dates

Southern has a history of paying dividends since 1994. Our records of SO show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.1% since twelve months ago. But with the price of the stock up by 6% from a year ago, the dividend yield has a decrease of 2.9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 18, 2022 Dec 6, 2022 Oct 18, 2022 $0.68 normal
Aug 12, 2022 Sep 6, 2022 Jul 18, 2022 $0.68 normal
May 13, 2022 Jun 6, 2022 Apr 19, 2022 $0.68 normal
Feb 18, 2022 Mar 7, 2022 Jan 14, 2022 $0.66 normal
Nov 12, 2021 Dec 6, 2021 Oct 18, 2021 $0.66 normal
Aug 13, 2021 Sep 7, 2021 Jul 19, 2021 $0.66 normal
May 14, 2021 Jun 7, 2021 Apr 19, 2021 $0.66 normal
Feb 12, 2021 Mar 8, 2021 Jan 15, 2021 $0.64 normal
Nov 13, 2020 Dec 7, 2020 Oct 19, 2020 $0.64 normal
Aug 14, 2020 Sep 8, 2020 Jul 20, 2020 $0.64 normal
May 15, 2020 Jun 8, 2020 Apr 20, 2020 $0.64 normal
Feb 14, 2020 Mar 6, 2020 Jan 17, 2020 $0.62 normal
Nov 15, 2019 Dec 6, 2019 Oct 21, 2019 $0.62 normal
Aug 16, 2019 Sep 6, 2019 Jul 15, 2019 $0.62 normal
May 17, 2019 Jun 6, 2019 Apr 15, 2019 $0.62 normal
Feb 15, 2019 Mar 6, 2019 Jan 17, 2019 $0.6 normal
Nov 16, 2018 Dec 6, 2018 Oct 15, 2018 $0.6 normal
Aug 17, 2018 Sep 6, 2018 Jul 16, 2018 $0.6 normal
May 18, 2018 Jun 6, 2018 Apr 16, 2018 $0.6 normal
Feb 16, 2018 Mar 6, 2018 Jan 19, 2018 $0.58 normal
Nov 17, 2017 Dec 6, 2017 Oct 16, 2017 $0.58 normal
Aug 17, 2017 Sep 6, 2017 Jul 17, 2017 $0.58 normal
May 11, 2017 Jun 6, 2017 Apr 17, 2017 $0.58 normal
Feb 16, 2017 Mar 6, 2017 Jan 13, 2017 $0.56 normal
Nov 17, 2016 Dec 6, 2016 Oct 17, 2016 $0.56 normal
Aug 11, 2016 Sep 6, 2016 Jul 18, 2016 $0.56 normal
May 12, 2016 Jun 6, 2016 Apr 18, 2016 $0.56 normal
Feb 11, 2016 Mar 7, 2016 Jan 14, 2016 $0.543 normal
Nov 12, 2015 Dec 4, 2015 Oct 19, 2015 $0.543 normal
Aug 13, 2015 Sep 5, 2015 Jul 20, 2015 $0.543 normal

Southern dividend payout ratio

What is Southern dividend payout ratio compared to the sector

Payout ratio

SO has a payout ratio of 85.2% which is higher than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 65%, Southern's payout ratio is 31% higher.

Total amount of dividends paid per financial year (from cash flow)

SO dividend vs peer dividends

How does SO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
D Dominion Energy Inc 4.35% $2.63 94.1%
SO Southern Co 4.1% $2.7 85.2%
DUK Duke Energy CORP 4.04% $3.98 80.1%
FE Firstenergy Corp 3.94% $1.56 70.9%
ETR Entergy Corp 3.67% $4.16 67.1%
PPL PPL Corp 3.66% $1.07 113.3%
NRG Nrg Energy Inc 3.38% $1.4 17.8%
NEE Nextera Energy Inc 2.03% $1.7 87.6%

Frequently asked questions

Does Southern pay a dividend?

Yes, Southern has been paying dividends for the last 28 years.

When is Southern's next dividend?

SO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in February 2023.

When was SO's last dividend?

Southern's last regular dividend was on Nov 18, 2022 (ex-date) with the amount of $0.68 per share.

How much dividend does Southern pay (per share)?

SO's annualized dividend per share is $2.7.

What is Southern's dividend yield?

The current dividend yield of Southern is 4.1%.

How often does Southern pay dividends?

Southern pays four dividends per year.

What is Southern's dividend payout ratio?

The dividend payout ratio of Southern is 85.2%.

Does Southern pay a good dividend?

Southern's dividend yield is above the Utilities sector average.